Business
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Goldman Sachs Issues Alert on Oil Prices: Crude Could Exceed $120 Amid Ongoing Strait of Hormuz Disruptions
Are Brent crude oil prices set to cross $120 per barrel again? Goldman Sachs Group has indicated that Brent crude…
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Potential Oil Supply Disruptions for India: Red Sea Route Challenges Impacting Saudi and Russian Crude
India is facing a potential oil supply crisis as tensions escalate in the Middle East. Following a previous shock in…
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US Government Accelerates Development of Air Taxis, Supersonic Aircraft, and Drone Technology
The US Federal Aviation Administration (FAA) is intensifying its efforts to facilitate the deployment of air taxis, supersonic passenger aircraft,…
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Disruptions in the Strait of Hormuz: State-Run Refiners Halt Iraqi Oil Lifting Amid US-Iran Tensions
Renewed tensions between the US and Iran have led to significant disruptions in the Strait of Hormuz, prompting two Indian…
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India’s Crude Oil Imports from Russia Stay Elevated in July Amid Hormuz Disruptions and Lack of US Sanctions Waiver
India’s crude oil imports from Russia have reached near record levels in July, averaging approximately 2.45 million barrels per day.…
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Coca-Cola Enhances India Bottling Unit IPO Strategy, Engages JPMorgan and Citi as Financial Advisors
Coca-Cola is advancing its plans for an initial public offering (IPO) of its Indian bottling business, Hindustan Coca-Cola Holdings (HCCB),…
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E20 Petrol Controversy: Government References Data for 23 Crore Vehicles, Claims ‘No Verified Evidence’ of Engine Failures
Amid discussions surrounding E20 petrol, the Indian government has stated that there is no confirmed evidence linking ethanol-blended petrol to…
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Saudi Arabia’s Crude Exports Face New Risks as Yemen’s Houthis Consider Maritime Blockade
After disruptions in the Strait of Hormuz, the Iran-backed Houthi movement in Yemen has announced a maritime blockade against Saudi…
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Foreign Deposits and Swaps Attract $21 Billion in 40 Days
MUMBAI: The Reserve Bank of India (RBI) has reported that $20.7 billion has been raised through its concessional swap facility…
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NSE Launches Ahimsa Index to Promote Cruelty-Free Investment Strategies
MUMBAI: The National Stock Exchange (NSE) has introduced the Nifty 500 Ahimsa Index, which includes stocks from companies within the…
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China’s Rare Earth Magnet Exports to the US Lag 20% Behind Pre-Trade War Levels Despite Trump-Xi Agreement
China’s exports of rare-earth magnets to the United States remain significantly lower than pre-trade conflict levels, despite a truce reached…
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US Import Prices Surge 7.1% in June, Marking Highest Annual Increase Since August 2022
US import prices rose unexpectedly in June, driven by an increase in nonfuel import costs, despite a decline in fuel…
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Ethanol Set to Join LPG as a Mainstream Cooking Fuel in Kitchens
Ethanol is set to become a viable cooking fuel in Indian households as the Ministry of Petroleum and Natural Gas…
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India’s First High-Speed Rail Project: Indigenous Bullet Train and Inter-Operable Signalling System Developments
India’s first bullet train project is set to launch its inaugural high-speed train by 2027. The Mumbai-Ahmedabad corridor will feature…
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Moody’s Warns of End to Low Borrowing Costs as Global Economy Enters New Macro Regime
The era of ultra-low interest rates that followed the 2008 global financial crisis may be coming to an end. Investors…
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